Global Testing, Inspection and Certification（TIC) Market Statistics, Insights and Updates 2026
Summary - A new market study, titled “Covid-19 Impact on Global Testing, Inspection and Certification（TIC) Market Size, Status and Forecast 2020-2026” has been featured on WiseGuyReports.
Companies provide inspection, verification, testing and certification services and related support functions such as auditing, consulting and training. The purpose of these services is to increase productivity, help local manufacturers meet global standards, manage risk, and improve the quality, safety and compliance of a company’s products and services.
The primary role of testing, inspection, and certification is to ensure the maintenance of the health, safety, and quality requirements products. Testing, inspection, and certification companies are engaged in inspection, verification, testing and certification services to help increase productivity and also help local manufacturers comply with the global standards.
The industry's leading producers are SGS, Bureau Veritas and Eurofins Scientific, which accounted for 4.37%, 3.55% and 2.89% of revenue in 2019, respectively.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Testing, Inspection and Certification（TIC) market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Testing, Inspection and Certification（TIC) industry.
Based on our recent survey, we have several different scenarios about the Testing, Inspection and Certification（TIC) YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 1120450 million in 2019. The market size of Testing, Inspection and Certification（TIC) will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Testing, Inspection and Certification（TIC) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Testing, Inspection and Certification（TIC) market in terms of revenue.
Players, stakeholders, and other participants in the global Testing, Inspection and Certification（TIC) market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Testing, Inspection and Certification（TIC) market, covering important regions, viz, North America, Europe, China, Australia and Southeast Asia. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Testing, Inspection and Certification（TIC) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Testing, Inspection and Certification（TIC) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Testing, Inspection and Certification（TIC) market.
The following players are covered in this report:
SGS
Bureau Veritas
Eurofins Scientific
Intertek
Dekra
TUV SUD
TÜV Rheinland
Applus
DNV GL
ALS Global
TUV NORD
UL Services
Lloyd’s Register
CCIC
SIRIM QAS
GRGTEST
Testing, Inspection and Certification（TIC) Breakdown Data by Type
Mandatory Testing, Inspection and Certification Services
Market Testing, Inspection and Certification Services
Testing, Inspection and Certification（TIC) Breakdown Data by Application
Food
Energy
Consumer Goods
Automotive
Manufacturing
Infrastructure and Railways
Others
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